Lithium Americas prices up to US$ 175 million subordinated convertible debentures with Yorkville
LAC•Convertible debenture financing with Yorkville
Lithium Americas entered a deal to issue up to US$175 million of subordinated convertible debentures to Yorkville.
- US$150 million is set to be issued upon filing its Form 10-Q for the quarter ended June 30, 2026.
- The company can issue up to an additional US$25 million in later closings, subject to conditions.
- Proceeds are slated for general corporate purposes as Thacker Pass moves through peak construction toward late 2027 mechanical completion.
